AI brief of an SEC Form 8-K · BuzzFeed, Inc. (BZFD)

BuzzFeed Q3 revenue falls 44% to $26.0 million; net loss widens to $18.7 million

Negative Impact 4 of 5 earnings Written later

BuzzFeed reported third-quarter 2026 revenue of $26.0 million, down 44% from $46.3 million a year earlier, and a net loss of $18.7 million, compared with $7.4 million a year earlier. The company deferred its full-year 2026 financial outlook while it integrates the Allen Family Digital transaction and its July restructuring, which it expects to yield about $30 million in annualized savings.

Key points

  • Q3 2026 revenue was $26.0 million versus $46.3 million in Q3 2025, a 44% decline
  • Q3 2026 net loss was $18.7 million versus $7.4 million; Adjusted EBITDA was negative $4.8 million versus $0.8 million
  • Full-year 2026 financial outlook was deferred, with no new guidance provided
  • Restructuring is expected to yield about $30 million in annualized savings after cutting workforce and contractors by about 35%

The filing

CompanyBuzzFeed, Inc. (BZFD)
Form8-K, current report
Filed with the SECNov 4, 2026, 6:59 PM ET
Accession number0001828972-26-000162

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.